Farm machinery manufacturers
are offering driverless tractors and robots to individual farmers and corporate
farming companies. Driverless tractors and robots automate the weeding and
harvesting process. They use GPS and sensors and can be controlled using a
tablet or a smart phone. These technologies are known to considerably increase
farm output and decrease labor costs. For instance, according to a report by
Goldman Sachs, automated tractors can raise farmer revenue by more than 10% and
reduce farm labor costs. Companies offering driverless tractor and robot
technologies include CNH Industrial, Deere, and AGCO.
THE
BUSINESS RESEARCH COMPANY VALUED THE AGRICULTURAL IMPLEMENT
MANUFACTURING MARKET AT $296 BIILLION IN
2017
Asia Pacific was the largest
geographic region in the market, accounting for nearly half of the global
market.
Read report: https://www.thebusinessresearchcompany.com/report/agricultural-implement-manufacturing-global-market-report-2018
According to The Business
Research Company’s Consultant, Nitin Gianchandani, companies are investing in
Drone technology and GPS technology, which has allowed for the delivery of the
correct amounts of fertilizer, chemicals, seed population, and other inputs, as
well as moisture to every part of the field and yield measurements taken while
the crop is being harvested have helped farms plan better for their next
crop. GPS has also allowed for the
introduction of auto-steer technology on combines and other equipment.
John Deere was the biggest player
in the global agricultural implement manufacturing market with revenues exceeding
$23.4 billion in 2016. Deere is looking to aim for global preeminence in
agricultural equipment solutions and a more-global presence in construction
equipment. It is looking to leverage the benefits of being an integrated
enterprise, in which all its businesses work together to produce the maximum
return. The company will also intensify its focus on innovation and distinctive
in terms product quality to grow its market share and expand its global
presence.
Agricultural implement
manufacturing market consists farm machinery and equipment manufacturing and
lawn and garden tractor and home lawn and garden equipment manufacturing. Farm
machinery includes haying machines, milking machines, tractors and attachments,
feed processing equipment and cotton ginning machines. Whereas home, lawn and
garden tractor have trimmers, lawn hedgers, cultivators, chippers, leaf blowers
and lawn and garden tillers.
Agricultural Implement
Manufacturing Global Market Report 2018 is a detailed report giving
a unique insight into this market. The report is priced at $4000 for an
individual user. To use across your office, the price is $6000 and $8000 if you
wish to use across a multinational company.
About
The Business Research Company
Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or
+918897263534 or +919160996838 for more information on this and many other
titles.
The Business Research Company is a
market research and intelligence company, which excels in company, market and
consumer research.
It has research professionals at its
offices in the UK, India and the US as well a network of trained researchers
globally. It has specialist consultants in a wide range of industries including
manufacturing, healthcare, chemicals and technology.
The Business Research Company's
management has more than 20 years of varied business research experience. They
have delivered hundreds of research projects to the senior management of some
of the world's largest organizations.
Contact
Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
No comments:
Post a Comment